SWING IDEA - EQUITAS SMALL FINANCE BANKEquitas Small Finance Bank , a leading small finance bank in India, is showing promising signs for a potential swing trade.
Reasons are listed below :
75 Zone as a Strong Support Zone : The 75 level has proven to be a solid support zone, providing a strong foundation for a potential upward move.
Bullish Hammer on Weekly Timeframe : The formation of a bullish hammer on the weekly chart, which also engulfed the previous week's candle, indicates strong buying pressure and a potential reversal from the support level.
0.5 Fibonacci Support : The stock is currently resting at the 0.5 Fibonacci retracement level, a key area where buyers often step in to push the price higher.
Gradual Uptick in Volumes : An increasing volume trend suggests growing investor interest, further supporting the potential for a bullish move.
Target - 95 // 105 // 115
Stoploss - weekly close below 72
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
EQUITAS
EQUITAS SFB ready to break ATH for a swing trade opportunity.1) The stock is strong, trend is up in weekly, daily, monthly.
2) Buying pressure evident from the last 2 months as interpreted from the monthly candles.
3) The stock is consolidating for the last 3 months and is now ready to move up for a move of 15-20%.
4) One can consider an entry based on 15 min candle close above the last swing high.
EQUITASNSE:EQUITAS
VERY GOOD RISK REWARD !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
#Equitas is ready for a 40% upmove#Equitas is out of is downtrend and is ready to fly over next few weeks. There's a resistance above but if sustained above, can fly quickly
Equitas need to close above 110Once this script gets a definitive closing above 110, supported with volume, i presume this will head for 145+ levels. Now trading above 200 day moving average. That too with volume. The weekly chart is also very clean suggesting great upmove.
EQUITAS - Market Structure LongEQUITAS - Market Structure Long
Hello Everyone This is EQUITAS Market Structure IDea Choch Bull Breakout Done, now all price point is clearly mentioned with BOS Bull and TP1 TP2
Stay tune for more More
Like Follow for new updates
Equitas Holdings Ltd AnalysisTechnical Analysis
Equitas Holdings is consolidating in range(115-136) after giving a major breakout from downward channel in weekly chart. One can add small quantities at 115-120 levels. If the price of equitas holdings go below 115 it can go down till its first support at 100 level and one can also average at this level. This analysis is for long term perspective. This share has capability of going till 200 in mid to long term.
Fundamental Analysis
PE Ratio : 8.76 (Undervalued in respect to peer companies)
Sector PE Ratio : 26.67
Below data for previous 5 years.
Revenue Growth : 27.93 CAGR
Industry Average Revenue Growth : 17.41 CAGR
Market Share : 2.05% to 3.15%
Net Income : 23.14 CAGR
Industry Average Net Income : 18.9 CAGR
This analysis is just for educational purposes and not an investment advice.
EQUITAS HOLDING LTDshare name equitas holdings
why i buy this share ?
- after a launch of ipo share make a high 205
- making l-h, l-h (form a downfall range)
- we can see in charts a brkout of trendline,
after a breakout shares is consoldating
and forming a pennant
- we can also see a breakout of pennant in cmng days
- target : 205 sl 100 best place to buy : 110-130
Thanks
equitas buyequitas giving breakout from descending triangle buy at cmp sl 116
for education purpose Do your own research
EQUITAS HOLDINGSAfter taking the support near 74 levels stock has bounced and trading near 94 levels. We can
assume the stock has completed its 4th wave correction and is continuing in the impulse wave 5. One should invest in the stock keeping the stop loss of 79 and look for the target of 120-125 zone.
Weekly MACD
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
EQUITAS - will it sustain?EQUITAS - currently above 50/100/200 EMA's and just holding on support line.
Add to watch list -- -closing above 83.5 -- we can see 100+ in short period of time ..
Trade as per market trend ... please do your own study.
EQUITAS - sustaining above trend line EQUITAS - crossing trend line - sustaining above 80.
If continue the momentum - next target will be 100 and then 120 levels in very short period of time.
Trade carefully -- considering market momentum after budget.
EQUITAS - Above 82 -- UptrendEquitas is on uptrend and add to watchlist.
If cross 82 and sustains -- we can see 100+ target in couple of sessions.
Add to watchlist and trade as per trend.
EQUITAS Long OpportunityEQUITAS Long Opportunity near 51-53 for 60-62 followed by 80-82 and Stop Loss at 46
R-0200 Short Term Cash Buy EQUITAS @59.50-60 SL 58.20 TGT 63.50Short Term Cash Buy EQUITAS @59.50-60 SL 58.20 TGT 63.50
1. TK cross over at 56.5
2. MACD cross over
3. It is about to break first resistance R1@59.80 with the current momentum expect to break second resistance R2@61.50
Equitas traingle breakout with increase in open interestReasons:
1. Triangle break out, sustain above it
2. Increase in Open interest with Future Price
3. High Volume
4. Fast EMA crosses Medium EMA
* 60% of the shares are owned by MF and FII's, apply trailing stop loss (upside only)
Entry : 62
Exit : 78
Stop Loss: 56